Bitcoin (BTC) Miner Reserves Plummet to 14-Year Low, Signalling Supply Squeeze
The significant decline in BTC reserves has sparked discussions within the cryptocurrency community about its potential implications for the market.
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The significant decline in BTC reserves has sparked discussions within the cryptocurrency community about its potential implications for the market.
With more than $1.67 billion of short positions on Bitcoin, traders are fearful of the BTC price hitting $70,000 in the near term which could lead to massive liquidations.
ConsenSys has confirmed its plans to continue its lawsuit against the SEC as founder Joseph Lubin reiterates the need for regulatory clarity.
Blockchain analytics firm Lookonchain has recently identified a smart whale who purchased 6,070 BTC for $395 million amid the market slump.
The announcement of Worldcoin’s expansion into Ecuador coincided with a notable rise in the price of its native cryptocurrency, WLD.
Web3 sleuth ZachXBT successfully identified the creator of the DJT token, securing a $150,000 bounty from Arkham Intelligence.
Manta Network, a modular blockchain focused on zero-knowledge (ZK) applications, has launched its new Moon Mission Meme Grants initiative to support meme culture and encourage software developers to continue building.
Bitwise Invest CEO hinted a major announcement likely about its spot Ether ETF which could launch before July 4th.
Argentina President Javier Milei has further expressed his support for Bitcoin (BTC ) and the concept of free currency competition within the country’s economy. Milei said his government would give citizens the freedom to transact with various currencies, including BTC.
Recent price action from privacy-focused cryptocurrency Monero (XMR) suggests that the token may finally be rising from the ashes.
Blast is on track for its token airdrop slated for June 26 as it looks to reward early adopters including developers and users.
This week, the crypto market has witnessed massive liquidations as Bitcoin (BTC) fell to a new one-month low of $64,000 for the first time since May.
The LayerZero Foundation has officially announced the opening of the claims for its much-anticipated native token, ZRO.
The world’s largest cryptocurrency exchange, Binance, has been hit with a fine of approximately $2.2 million (18.82 crore INR) by India’s Financial Intelligence Unit (FIU) for failing to adhere to the country’s anti-money laundering (AML) regulations.
Andrew Campion, GM of Investment Products and Strategy at ASX, said trading Bitcoin via an ETF on ASX allows Australians to use traditional brokerage accounts, simplifying the investment process for Australians.